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Spain loses $15 million from world cup while the US gives it to anti-Iran efforts
July 24th, 2026 - 08:28 GMT
Osama Ali

Osama Ali

Spain loses $15 million from world cup while the US gives it to anti-Iran efforts

ALBAWABA — This week, the $15 million figure surfaced in two very different international stories, demonstrating how the same sum of money can be both a significant incentive and a financial setback. On the one hand, it has been reported that Spain, the recently crowned FIFA World Cup champions, may lose almost $15 million of their championship prize due to U.S. taxes. Conversely, the U.S. government has declared a $15 ...
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Jordan is planning a crackdown on illegal workers
December 4th, 2012 - 05:43 GMT

Jordan: Labor law flouters targetted

Egypt's economy is in trouble over Morsi's presidential edict concerns investors
December 4th, 2012 - 04:00 GMT

Egypt's economy faltering as political crisis rumbles on

The UAE's visa amnesty  is set to start on Tuesday
December 3rd, 2012 - 01:43 GMT

UAE visa amnesty set to begin

Egypt's largest bank has bought shares in garment maker Concrete
December 3rd, 2012 - 12:48 GMT

Egypt's largest bank buys up shares in clothes manufacturer

Main indicies on the Kuwaiti Stock Exchange were down on Monday
December 3rd, 2012 - 11:50 GMT

Kuwaiti stock markets in the red

Jordan has announced the projects that will be funded with Saudi and GCC money
December 3rd, 2012 - 10:50 GMT

Jordan reveals Saudi-funded projects

Political instability and protests are putting of investors in the Libyan oil game
December 3rd, 2012 - 09:15 GMT

Little enthusiasm for Libyan oil

Iran needs to increase oil production in the Gulf in response to sanctions
December 3rd, 2012 - 09:02 GMT

Iran: Oil increase needed as sanctions bite

Tunisia and Algeria are discussing improving bilateral relations
December 3rd, 2012 - 08:44 GMT

Tunisia and Algeria talk business

Jordan's Prime Minister Abdullah Ensour has said the grant from the US will help support the treasury
December 3rd, 2012 - 05:30 GMT

Jordan receives grant from US to support treasury

Qatar is planning to reduce the amount of food it imports
December 3rd, 2012 - 03:00 GMT

Qatar: Plans afoot to reduce food imports

Israel is to withhold tax revenues from Palestine
December 2nd, 2012 - 12:34 GMT

Israel announces no tax transfer to Palestine

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